Moneywise, the largest credit union in the Northeast of England, is celebrating its 30th year this year with new outreach initiatives and events in our network of branches.
Helping the Community Since 1991
From humble beginnings in 1991, the Moneywise we know now grew from the Newcastle City Council Credit Union. Originally only permanent employees of the City Council were eligible to join, but today Moneywise offer savings accounts, affordable ethical loans and payroll savings schemes to over 11,000 members from as far afield as Northumberland to the Redcar & Cleveland area, and partner with nearly 50 local and regional employers including Newcastle and Sunderland City Councils, Newcastle University and Your Homes Newcastle.
From the very beginning Moneywise, have been keen to be seen as part of the community that we work with and have always had a commitment to outreach and improving the financial wellbeing of our community. As an extension of this and as part of our 30th-year celebrations, we are launching a new “financial health” initiative; driven by our community partnership team, each branch will be working with community, faith and voluntary organisations to promote financial education and improve the financial health of the North East. As well as the financial health project, we are promoting savings through offering incentives and opportunities to win shopping vouchers, including a draw for all new members who join between June and August! For your chance to win, all you need to do to become a member.
Phil Goad, Chairperson of Moneywise, said: “We’re extremely proud of our beginnings from an employee credit union to being able to expand out to offer valuable credit union services to the Newcastle community and beyond. We can see in the last ten years alone; the growth has been tremendous and there are many more members of our communities to reach yet. We are excited for what the next 30 years will bring”